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IRS Penalties: Why, What, When and Who
Why Does The IRS Issue Penalties? The IRS imposes tax penalties for many reasons. Actually there are over 148 IRS penalties. Although usually monetary in nature, penalties involving forfeiture...
View ArticleReducing IRS Penalties and Interest
A taxpayer can negotiate a decrease in the total amount of tax debt owed by seeking a decrease for interest and penalties. The IRS calls this abatement and it can substantially reduce the tax debt....
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IRS Penalty Abatement – Reduce or Eliminate IRS Tax Penalties
Failure to pay your taxes on time will result in penalties and interest that can contribute greatly to an already negative financial condition. Filing tax returns and paying taxes on time are the best...
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